chiragcyc

Itc has broken out of range and also formed cup and handle kind

Long
NSE:ITC   ITC LTD
NSE:ITC has broken out of zone forming cup and handle kind of pattern. ADX also is giving signals for a start of new trend. It has a great potential to move upside but its a slow moving stock so option trading might not be a good option. Cmp is around 300 and is expected to move above 320/345/353 if these levels are crossed it will trade above 52 week highs.